M2M Communication Market Regional Outlook and Competitive Strategies by Aeris communication., AT&T, Inc., Deutsche Telekom, Cisco Systems, Telenor Group, KORE Wireless Group(U.S.), Intel (U.S.), Rogers Communications Canada, Singtel Group, Texas Instrumen

Market Highlights:

Communication efficiency is the need of the hour and technology is evolving just to support that. Technological advancements have made it easier for sensors or meters to share information without human intervention through a wired, wireless or hybrid network simplifying the machine-to-machine (M2M) communication. Its features enable it to work without consuming much power, incurring a low cost. The product is reliable, flexible and works wonder with two-way communication which helped it gain significant access inside healthcare, retail, automotive, utilities, and home automation. The global M2M communication market is expecting an astonishing CAGR of 10% during the forecast period (2016-2022). Increasing percolation of the Internet of Things Solutions (IoT), improved data services, increasing integration of automation across industrial sectors, and evolving architecture of electronic and semi-conductor devices and others have been included as market drivers in the research conducted by Market Research Future (MRFR).

On the flip side, online performances are prone to cybercrimes such as data theft and ransomware. M2M integration in businesses could lead to cyber-attacks. However, its low operational cost and efficiency can helm the machine-to-machine communication market away from sliding down during the forecast period.

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Major Key Players

• Aeris communication. Inc. (U.S.),
• AT&T, Inc. (U.S.),
• Deutsche Telekom AG(Germany),
• Cisco Systems Inc. (U.S.),
• Telenor Group(Norway),
• KORE Wireless Group(U.S.),
• Intel (U.S.),
• Rogers Communications Canada, Inc. (Canada),
• Singtel Group (Singapore),
• Texas Instruments (U.S),
• Vodafone Group plc.(U.K.),
• Verizon Communications, Inc.(U.S.),
• Sprint Corporation(U.S.),
• Telefónica, S.A.(Spain),
• Numerex Corp.(U.S.),
• Sierra Wireless (Canada),
• Orange S.A.(France)

According to MRFR, Hence, Globally the M2M Communication market is expected to grow at ~10% CAGR (2016-2022).

Industry Trend:

The U.S. has significantly kickstarted the trend of implementing M2M communication in vehicles to take the automotive industry to the next level. This new vehicle-to-vehicle communication would help in increasing traffic safety.
ÅAC Clyde in collaboration with Kepler Communications has designed 6U machine-to-machine communications to improve satellite communication services. The new platform has been named TARS.

Competitive Analysis

The market of M2M communication appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

Segmentation:
Global M2M Communication market has been segmented on the basis of Technology, Component, and Application. The Technology has been identified as Wired, Wireless and hybrid whereas Component consists of Wi-Fi, Sensors, RFID, and Software among others. The application comprises of Consumer electronics, Healthcare, Retail, Automotive, Utilities, and Home Automation among others.

Detailed Regional Analysis

In the M2M communication industry context, The North American region is controlling the market owing to the prospects accessible for M2M communication by mobile operators which will grow the connection and revenue of this industry. In terms of the revenue generation context, The U.S. is driving the market in the North American region owing to the increasing demand of high-speed networks and cloud based services in the U.S. that allows analysis, easy access and handling of stored data transactions to aid clients to develop their business processes.

On the other hand, the European market is estimated to record vigorous progress in the Machine to Machine Communication sector owing to industrial expansion as well as infrastructural development. The M2M Communication industry is also growing owing to the high adoption rates in security, transportation, warehouses and surveillance among others. Due to these factors, the European markets is the second biggest market for M2M Communication. The Asia-Pacific region has appeared as a swiftly developing market owing to growing implementation of digital solutions such as smart meters and smartphones in India and China. The improving economic circumstances, increase in industrial growth and initiatives by the government such as ‘Digital India’ are also supporting the market development favorably.

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